Is Buying a house in The Bahamas a Good Investment?
It would come as no surprise that, Investing in real estate in The Bahamas, offers buyers the opportunity to own a home, in one of the world’s most sought-after destinations.
For buyers looking for either a part-time, full-time, or vacation home in sunnier climes, you can’t get much better than The Bahamas. The archipelago has breathtaking pink and white sound beaches which are widely recognized as among the best in the world. The glittering turquoise ocean waters offshore are perfect for snorkeling, diving, fishing, sailing, and water sports from kayaking to water skiing.
Entertainment options on land are equally diverse from some of the region’s best golf courses to a wide variety of dining, shopping, and nightlife.
Buying a house also provides a route to obtaining residency for individuals looking to move overseas or retire in The Bahamas. Buyers investing over US $750,000 in Bahamas real estate are eligible to apply for permanent residency while those investing over $1,500,000 qualify for Accelerated Consideration for a Permanent Residence certificate.
For investors looking to buy a house with a view to generating passive income, The Bahamas is also an excellent choice. The country is one of the Caribbean’s top tourist destinations, which has experienced steady growth in recent years, rising to a record 1.78 million stopover visitors in 2019. The strength of tourism in The Bahamas generates major demand for accommodation, offering homeowners the opportunity to earn significant income via the vacation rental market.
With The Bahamas real estate market in an upward trajectory, homeowners can also be expected to be able to look forward to rising property values in the most sought-after areas of the island chain.
So if you are looking to buy a house in The Bahamas, call or WhatsApp our Luxury Real estate specialist, Glenn Ferguson at 1-(242)-395-8495 and let him help you find your piece of paradise in The Bahamas.
Retiring in The Bahamas
Call or WhatsApp 1-(242)-395-8495 about Retiring to The Bahamas